Bible Study Time INC FY2024 filing

Tax-deductible

Spartanburg, SC501(c)(3)EIN 58-1137589Revenue $2.9M in FY2024

On file with the IRSbiblestudytimeinc.orgPo Box 1714, 29304-1714 · Spartanburg, SCTax-exempt since Nov 1972Private non-operating foundation

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The organization's mission is to spread the gospel of jesus christ to the world. Its mission is accompished as a church through regular church worship and prayer services, television and radio programming, including supporting other organizations' television and radio programming, preaching, teaching, counseling, pastoral care, and audio, print, and visual media publication.

501(c)(3) charity; gifts are tax-deductible.
$105K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $577K a year · 35% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$105K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
9 mo
of spending, in cash
Looks good: 9.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.9M
+134% vs prior year
Spent
$898K
Net assets
$15.0M
By yearFY2020–FY2025
Revenue
$2.9M
FY2024▲ +134%
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Revenue by fiscal year
FY2020$1.5M
FY2021$1.7M
FY2022$1.0M
FY2023$1.2M
FY2024$2.9M
FY2025$1.7M
Expenses
$898K
FY2024▼ -2%
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Expenses by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.2M
FY2023$917K
FY2024$898K
FY2025$886K
Net assets
$15.0M
FY2024▲ +17%
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Net assets by fiscal year
FY2020$12.4M
FY2021$12.7M
FY2022$12.5M
FY2023$12.8M
FY2024$15.0M
FY2025$15.9M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Operating & administrative 100% · $898K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990-PF; $105K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$105,107Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2023FY2022FY2021FY2020
Dr Freda Crews——$336,856$353,753$329,461
Mr William Crews JR—$105,107$105,595$106,462$107,610
William Crews JR$104,773————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Spreads the Gospel through worship, media, teaching, and pastoral care.

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Provided by the organization

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3 programs · $699K · in their own filed words · FY2023
01

The organization also provides support to other christian organizations with harmonious missions in their christian television and radio programming endeavors. The organization's web site for select religious broadcasting found at SELECTBROADCASTING.ORG facilitates the achievement of this program service.

$471Kprogram expense
02

The organization's program service is to to conduct weekly, and sometimes daily, christian church worship AND/OR prayer services at its location on ST. John street in spartanburg, south carolina and also to operate as a church through the production and broadcast of christian television and radio programming including preaching and…

$213Kprogram expense
03

The organization further accomplishes its mission by publishing, selling, and otherwise distributing christian audio, print, and visual media, providing christian counseling and pastoral care to church and community members, donating print media to prison inmates, and evangelizing individuals through personal witness.

$16Kprogram expense

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$2.9M
Investment income$2.1M
Other income$847K
Gifts and grants$14K
Money out
$898K
Running costs$898K
Owns and owes
$15.0M
net assets
Cash and savings$694K
Total assets$15.0M
Liabilities$6
People
5
listed
Paid1
2In more detail
Revenue in detail
Gifts and grants$14K
Investment income$2.1M
Other income$847K
Total revenue$2.9M
Assets in detailEnd of year
Cash and savings together$694K
Total assets$15.0M
Liabilities$6
Net assets$15.0M
Operations
Employees8
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$886K$802K$15.9M 990 PDF
FY2024 Viewing $2.9M$898K$2.0M$15.0M 990 PDF
FY2023 $1.2M$917K$326K$12.8M 990 PDF
FY2022 $1.0M$1.2M−$232K$12.5M 990 PDF
FY2021 $1.7M$1.3M$332K$12.7M 990 PDF
FY2020 $1.5M$1.3M$220K$12.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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